Compare Adminsoft Accounts and Workday Adaptive Planning - Dec 2022

Shlomi LaviShlomi Lavi / Dec 28, 2022

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Bottom Line: Which is Better - Adminsoft Accounts or Workday Adaptive Planning?

Workday Adaptive Planning is more expensive to implement (TCO) than Adminsoft Accounts, and Workday Adaptive Planning is rated higher (94/100) than Adminsoft Accounts (92/100). Workday Adaptive Planning offers users more features (15) than Adminsoft Accounts (6).

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Adminsoft Vs. Workday

Adminsoft: Adminsoft develops Adminsoft Accounts software.Adminsoft Accounts is developed by a small business owner for use by other small business owners. So it isn't full of accounting jargon, it's easy to use by people who don't have an accounting degree, it works the way small business people tend to work, not the way accountants work. You can use as m...

Workday: In 2005, software visionaries Dave Duffield and Aneel Bhusri met for brunch at a Truckee diner, a few miles north of Lake Tahoe. They decided to form a startup—one that would sell cloud-based finance and HR software. The two longtime friends had plenty of experience. Dave founded PeopleSoft in 1987 and served as the company's CEO and board chairma...

Who is more expensive? Adminsoft Accounts or Workday Adaptive Planning?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Adminsoft Accounts and Workday Adaptive Planning.

Adminsoft Accounts price starts at $259 per license , On a scale between 1 to 10 Adminsoft Accounts is rated 6, which is similar to the average cost of Core Accounting software. Workday Adaptive Planning price starts at $15,000 per license , When comparing Workday Adaptive Planning to its competitors, the software is rated 8 - higher than the average Core Accounting software cost.

Bottom line: Workday Adaptive Planning is more expensive than Adminsoft Accounts.

Which software includes more/better features?

We've compared Adminsoft Accounts Vs. Workday Adaptive Planning based on some of the most important and required Core Accounting features.

Adminsoft Accounts: Accounts Payable, Accounts Receivable, Billing & Invoicing, Core Accounting, Fixed Asset Management, PO: Purchase orders.

Workday Adaptive Planning: Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting, Dashboarding, Forecasting & Budgeting.

Target customer size

The software is a useful product mainly for small and medium businesses, although there is no restriction on industrial affiliation. Workday Adaptive Planning is intended for large enterprises looking for easier ways for preparing cash flow projections, balance sheet forecasting and sales planning.

Adminsoft Accounts

ITQlick rating
(4.4/5)

starts at $259 per license

Adminsoft Accounts software is a free accounting solution designed for small to mid-level businesses and can also be deployed as an on-premise solution. The software incorporates numerous features and functiona...

Categories: Accounts Payable, Accounts Receivable, Billing & Invoicing, Core Accounting.

Workday Adaptive Planning

ITQlick rating
(4.5/5)

starts at $15,000 per license

Workday Adaptive Planning software is a cloud-based, SaaS, Business planning solution that offers tools for forecasting, budgeting, and reporting. The software removes the need for new software or hardware for ...

Categories: Accounting Practice Management, Budgeting & CPM, Financial reporting, Payroll Accounting, BI & Analytics.

Compare specifications

Compare features

Adminsoft Accounts: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Core Accounting
Fixed Asset Management
PO: Purchase orders

Workday Adaptive Planning: 15 Features

Ad-Hoc Analysis
Ad-Hoc Reporting
Automatic Scheduled Reporting
Dashboarding
Forecasting & Budgeting
Performance Measurements
Predictive-Analysis
Profit Analysis
Balance Sheet
Capital Asset Planning
Cash flow/cash budget
Forecasting
Multi-Department / Project
Revenue budget
Sales budget
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Adminsof...
ITQlick rating
4.4/5
Score
92/100
Pricing
6.8/10
License pricing
$259 per license
Functionality
13
Compare
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.